IVV vs PQDI
iShares Core S&P 500 ETF vs Principal Spectrum Preferred and Income ETF
Which is better, IVV or PQDI?
Large Cap Blend against Preferred Stock.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | PQDI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $111M |
| Dividend Yield | 1.06% | 5.69% |
| Holdings | 508 | 105 |
| YTD Return | +11.03%Best | +0.53% |
| 1Y Return | +15.62%Best | +2.09% |
| 3Y Return (annualized) | +20.81%Best | +7.88% |
| 5Y Return (annualized) | +12.61%Best | +2.63% |
| Volatility (annualized) | 15.5% | 6.2%Best |
| Max Drawdown | -24.5% | -17.4%Best |
| $10,000 over 5 years | $18,109Best | $11,386 |
| Fund Family | iShares by BlackRock (US) | Principal Funds |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Preferred Stock |
| Inception | May 15, 2000 | Jun 16, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 17, 2020 to Sep 16, 2026 (6.2 years).
IVV vs PQDI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.2 years both funds cover.
IVV vs PQDI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Principal Spectrum Preferred and Income ETF (PQDI) is an ETF from Principal Funds. Over the past year IVV returned +15.62% while PQDI returned +2.09%. Year to date, IVV is up 11.03% versus a gain of 0.53% for PQDI.
Over three years, IVV compounded at +20.81% per year against +7.88% for PQDI; over five years the annualized figures are +12.61% and +2.63% respectively. Across the full 6-year window we track, IVV has the edge at +16.72% annualized vs +3.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 6.2% for PQDI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.5% for IVV and -17.4% for PQDI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while PQDI charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 5.69% for PQDI.
Holdings Overlap
At least 0.3% of IVV's money is in holdings PQDI also owns.
Stated as a floor: for PQDI, our book for it covers 70.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 490 positions we hold weights for in IVV and 83 in PQDI, against full books of 508 and 105.
You are not choosing between two funds in isolation.
Whichever of IVV and PQDI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PQDI?
IVV has an expense ratio of 0.03% while PQDI charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or PQDI?
Over the past year IVV returned +15.62% vs +2.09% for PQDI, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +16.72% vs +3.79% for PQDI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PQDI?
IVV has been the more volatile fund at 15.5% annualized versus 6.2% for PQDI. Worst drawdown: IVV -24.5% vs PQDI -17.4%.
Should I hold both IVV and PQDI?
IVV and PQDI have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or PQDI?
IVV yields 1.06% while PQDI yields 5.69%, so PQDI currently pays the higher dividend yield.
Is PQDI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.